CSSEQ (Chicken Soup for the Soul Entertainment) Interest Coverage : 0 (At Loss) (As of Mar. 2024)

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What is Chicken Soup for the Soul Entertainment Interest Coverage?

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Chicken Soup for the Soul Entertainment's Operating Income for the three months ended in Mar. 2024 was $-27.4 Mil. Chicken Soup for the Soul Entertainment's Interest Expense for the three months ended in Mar. 2024 was $-21.8 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Chicken Soup for the Soul Entertainment's Interest Coverage or its related term are showing as below:

CSSEQ's Interest Coverage is not ranked ^*
in the Media - Diversified industry.
Industry Median: 11.255
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Chicken Soup for the Soul Entertainment Interest Coverage Historical Data

The historical data trend for Chicken Soup for the Soul Entertainment's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Chicken Soup for the Soul Entertainment Interest Coverage Chart

Chicken Soup for the Soul Entertainment Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

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Chicken Soup for the Soul Entertainment Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Coverage	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Chicken Soup for the Soul Entertainment's Interest Coverage

For the Entertainment subindustry, Chicken Soup for the Soul Entertainment's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Chicken Soup for the Soul Entertainment's Interest Coverage Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Chicken Soup for the Soul Entertainment's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Chicken Soup for the Soul Entertainment's Interest Coverage falls into.

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Chicken Soup for the Soul Entertainment Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage

-1

Operating Income

Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt ⁽¹⁾.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Chicken Soup for the Soul Entertainment's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Chicken Soup for the Soul Entertainment's Interest Expense was $-71.4 Mil. Its Operating Income was $-175.6 Mil. And its Long-Term Debt & Capital Lease Obligation was $525.2 Mil.

Chicken Soup for the Soul Entertainment did not have earnings to cover the interest expense.

Chicken Soup for the Soul Entertainment's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Chicken Soup for the Soul Entertainment's Interest Expense was $-21.8 Mil. Its Operating Income was $-27.4 Mil. And its Long-Term Debt & Capital Lease Obligation was $574.4 Mil.

Chicken Soup for the Soul Entertainment did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's Financial Strength is.

Chicken Soup for the Soul Entertainment (OTCPK:CSSEQ) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .

Chicken Soup for the Soul Entertainment Interest Coverage Related Terms

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Chicken Soup for the Soul Entertainment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Chicken Soup for the Soul Entertainment Inc (OTCPK:CSSEQ) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

CSSPQ.PFD:USA

Address

132 East Putman Avenue, Floor 2W, Cos Cob, CT, USA, 06807

Website

https://www.cssentertainment.com

Chicken Soup for the Soul Entertainment Inc provides premium content to value-conscious consumers. It is the largest advertising-supported video-on-demand companies in the US, with three flagship AVOD streaming services: Redbox, Crackle, and Chicken Soup for the Soul. In addition, the company operates Redbox Free Live TV, a free ad-supported streaming television service (FAST), with nearly 180 FAST channels as well as a transaction video on demand service, and a network of approximately 29,000 kiosks across the US for DVD rentals. To provide original and exclusive content to its viewers, the company creates, acquires, and distributes films and TV series through its Screen Media and Chicken Soup for the Soul TV Group subsidiaries.

Executives

Chicken Soup For The Soul Holdings, Llc	10 percent owner	P.O. BOX 700, COS COB CT 06807
Chicken Soup For The Soul Productions, Llc	10 percent owner	P.O. BOX 700, COS COB CT 06807
Rouhana William J Jr	director, 10 percent owner, officer: Chief Executive Officer	C/O WINSTAR COMMUNICATIONS INC, 230 PARK AVE, NEW YORK NY 10169
Apollo Management Holdings Gp, Llc	10 percent owner	9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Jason Meier	officer: Chief Financial Officer	132 E. PUTNAM AVENUE, FLOOR 2W, COS COB CT 06807
Apollo Management Holdings, L.p.	10 percent owner	9 W. 57TH STREET, NEW YORK NY 10019
Jonathan Saul Katz	officer: President	132 E. PUTNAM AVENUE, FLOOR 2W, COS COB CT 06807
Galen C Smith	officer: Executive Vice Chairman	C/O COINSTAR, INC., 1800 114TH AVE SE, BELLEVUE WA 98004
Ap Viii Aspen Holdings Gp, Llc	10 percent owner	ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10577
Ap Viii Aspen Holdings, L.p.	10 percent owner	ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10577
Redwood Holdco Gp, Llc	10 percent owner	C/O REDBOX ENTERTAINMENT INC., 1 TOWER LANE, SUITE 800, OAKBROOK TERRACE IL 60181
Redwood Holdco, Lp	10 percent owner	C/O REDBOX ENTERTAINMENT INC., 1 TOWER LANE, SUITE 800, OAKBROOK TERRACE IL 60181
New Outerwall, Inc.	10 percent owner	ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10577
Apollo Management, L.p.	10 percent owner	2 MANHATTANVILLE ROAD, SUITE 203, PURCHASE NY 10577
Apollo Management Gp, Llc	10 percent owner	TWO MANHATTANVILLE ROAD, SUITE 203, PURCHASE NY 10577